Save on the cardio machines buy a deadlift bar. U do that running bullshit already anyways.
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Itās OK in Canberra if you arenāt fancy.
If it does pop value drops though, right?
Is good for getting in.
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You can always start looking at houses and places, find the right place to be.
No matter what the first year or two are a bit hard, then itāll lighten up a bit.
But as Hamster says, it might burst, so start looking.
See where and how this virus thing ends. Might be a good deal by the end of summer/vinter that is downunder of course.
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Yeah every time thereās a crash thereās a fair amount of wealth that is generated for people on the upturn. I think a bunch of real estate empires have been built in such ways.
We straight up wonāt have the deposit for a year or two.
Thatās the only issue.
Repayments we could pay comfortably now, itās a matter of having enough deposit to go to market that we need to work on
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The good thing about that sweet debt is that you can build an even better gym, and it will barely even make the debt appear any bigger! Itās science!
Congrats on the house. I now also have confirmation that you do, in fact, live relatively closeā¦so coming and stealing all your new equipment will be even easier than I hoped!
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Huge news! Congrats on the house purchase and I know itās a long way down the road but I am already looking forward to the home gym, haha.
Kopenhagen is definitely a neat place to be nearby.
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Do you or the Mrs have a degree of any sort? Usually people think of this place for hard to get and low income home loans however we got an awesome deal through Homestart as itās Government funded for graduates, only 3% deposit and flat 1500 bucks for Mortgage Insurance, whereas all the other jobs wanted 15 grand for mortgage insurance if over an 80% lend. Repayments are calculated on income too, so with the both of us in decent jobs we pay a fortune which is the downside.
South Australias stamp duty is a bitch though, was more than the deposit.
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Wait what?! Yes, both graduates. Mrs KO has a bachelor of social work and is employed in that field. I have a bachelor of science but am not in a STEM job, nor likely to ever be.
Youāre a legend, Iāll look into this.
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Yep, it was a great find, I rang around for days when we decided to buy this place a few years ago before stumbling on it. They market to the low income side usually, but with 3% deppy and no hefty mortgage insurance it was awesome.
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Woke at 77,6 kg
@MarkKO keep us updated on the loan and house situation, it appears there might be a way.
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Hey @mortdk. Long time since I last stopped by (or at least a lot of posts). Greetings from across the bridge.
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Hey Allberg thanks man. Yeah itās been a while, been dropping in and out of your log.
But when I miss a few days there a zillion posts, Iāll drop by later today
Howās it going, I hope youāre doing fine.
I appreciate that!
Haha, I donāt think itās necessary to catch up! But you are always welcome!
Things are as good as they can get, all things considered. Not adjusting too well to working from home (live alone, so it becomes a tad too isolatory for my tastes).
How are you?
If I could go back in time I would have tried to get the smallest possible apartment when my space needs were at their tiniest to get in to the market and then sell/buy my way up over time. To buy something that compares in standard to my rental at the moment would require a hefty down payment that my stock portfolio will just not admit at this time.
When/if (
) I have kids Iām going to help them get on the housing market as quickly as possible assuming the system stays this way.
100% this. I was dumb and didnāt buy when I had the opportunity and I donāt want my kids doing the same thing. I currently put more money into the kids house fund every month than I do into my own.
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Iām not sure what the best course of action is at the moment. Iām really content with my rental, except that it eats up a lot of my income with regards to paying rent as I am a single-person household. Yet, I certainly filled every square meter of the place.
Even if I had more saved than I do, and could buy āsomethingā now unless I could buy something comparable in size Iād have to get rid of a lot of stuff that I want to have just to purchase it back again down the line. I just moved, I have no cruft.
The next level for me genuinely is a house, and those kinds of savings are just not going to be amassed at this time.
Iām hoping at some point we relax the down-payment requirement on loans, because again, Iām very decently salaried. But I also do not want to be the guy living in a house alone X)
Dating does not come easy in social distancing times!
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Woke at 78 kg
Todays training: Deadlift PR ā Squat 5 x 8
Viking 531 BBB
C3W2D3
Warm up: rope skipping, BPA, Goblet squat, Hip airplane + fluff
Deadlift
-
5 x 107, 120 kg
-
3 x 132,5 kg
-
8 x 137,5 kg + 8 x 110 kg dropset
Squat
- 5 x 9 @ 70 kg
Supersetted with
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incline DB bench press 6 x 9 @ 25 kg
-
Chin ups 9, 8, 8, 8, 8, 7
.
Giantset 3 rounds
-
Wendler Row 10 x 32, 37, 11 x 42,5 kg
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Ab wheel 8, 9, 9
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Biceps curl 17,5 kg x 7, 8, 11 + 5 rest pause
.
65 minutes + 10 minutes warm up.
.
These lower body workouts are killing me, DL topset was great and dropset was good too.
Then squat comes around, Iāve got the strength and the reps af fine, but by set 3 Iām breathing hard and by set 5 itās like the soul leaves the body.
Almost shut it down but took 5 ā 8 minute break then I found the spirit to do the giant set.
Great day in the homegym.
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Thatās a serious amount of work youāre putting in man, I believe it.
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I commend you for that amount of squatting. No, thank you.
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woke at 78,2 kg.
Celebrated wifeys birthday yesterday with a big 350 gram steak, with wine G&Tās cake and what have you not. Surprisingly low weight.
Todays training
Running
20 minutes in 3,97 km.
Thought itād be hard due to squatting and DL yesterday.
First km was a bit off, but then I got in a good rhythm and it was a good day, so close to 4 km. But I was good today. So very pleased.
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